$97,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
11 Aug 2016 (6 years, 11 months remaining)
Months
(6 years, 11 months )
%

$27,481 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$47,020
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$97,500
Monthly Installment
$850.09 /month for 6 years, 11 months (83 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$29,250 (30% of Car Price)
1st Installment
$850.09
Total Upfront Payment
$30,125.09

Loan Details

Total Loan
$68,250 Information
Total Interest
$12,058 Information
Total Sum Paid
$80,308 at the end of 6 years, 11 months (83 months)

Other Car Financial Details

COE
$47,020 Information
ARF Paid
$30,473 Information
PARF Rebate
You get back $15,237 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$11,939 Information
Loan Redemption Amount Paper/Deregistration Value
Month Year
Loan Redemption
Amount The amount to pay out to the bank upon the early settlement of loan. It is the oustanding minus the loan redemption.
Dereg Value Total value of PARF and COE Rebate, also known as 'Paper Value'.
Cash Position The cash balance of the car upon loan settlement and car degistration. If this value started to be greater than 0, it is commonly known as 'Break Even'.
Oct 2019 -57,937 52,741 -5,196
Nov 2019 -57,371 52,349 -5,021
Dec 2019 -56,801 51,957 -4,843
Jan 2020 -56,227 51,566 -4,662
Feb 2020 -55,650 51,174 -4,477
Mar 2020 -55,070 50,782 -4,288
Apr 2020 -54,486 50,390 -4,096
May 2020 -53,899 49,998 -3,901
Jun 2020 -53,308 49,606 -3,702
Jul 2020 -52,714 49,215 -3,500
Aug 2020 -52,117 48,823 -3,294
Sep 2020 -51,516 48,431 -3,085
End Of Year 1 of Loan
Oct 2020 -50,911 48,039 -2,872
Nov 2020 -50,303 47,647 -2,656
Dec 2020 -49,692 47,255 -2,436
Jan 2021 -49,077 46,864 -2,213
Feb 2021 -48,459 46,472 -1,987
Mar 2021 -47,837 46,080 -1,757
Apr 2021 -47,211 45,688 -1,523
May 2021 -46,583 45,296 -1,286
Jun 2021 -45,951 44,904 -1,046
Jul 2021 -45,315 44,513 -802
Aug 2021 -44,676 44,121 -555
Sep 2021 -44,033 42,355 -1,678
End Of Year 2 of Loan
Oct 2021 -43,387 41,963 -1,424
Nov 2021 -42,738 41,571 -1,167
Dec 2021 -42,085 41,179 -905
Jan 2022 -41,428 40,788 -641
Feb 2022 -40,769 40,396 -373
Mar 2022 -40,105 40,004 -101
Apr 2022 -39,438 39,612 174
May 2022 -38,768 39,220 452
Jun 2022 -38,095 38,828 734
Jul 2022 -37,417 38,437 1,019
Aug 2022 -36,737 38,045 1,308
Sep 2022 -36,053 36,279 226
End Of Year 3 of Loan
Oct 2022 -35,365 35,887 522
Nov 2022 -34,674 35,495 821
Dec 2022 -33,980 35,103 1,124
Jan 2023 -33,282 34,711 1,430
Feb 2023 -32,581 34,320 1,739
Mar 2023 -31,876 33,928 2,052
Apr 2023 -31,167 33,536 2,369
May 2023 -30,456 33,144 2,688
Jun 2023 -29,741 32,752 3,012
Jul 2023 -29,022 32,360 3,339
Aug 2023 -28,300 31,969 3,669
Sep 2023 -27,574 30,203 2,629
End Of Year 4 of Loan
Oct 2023 -26,845 29,811 2,966
Nov 2023 -26,113 29,419 3,306
Dec 2023 -25,377 29,027 3,651
Jan 2024 -24,637 28,635 3,998
Feb 2024 -23,894 28,244 4,349
Mar 2024 -23,148 27,852 4,704
Apr 2024 -22,398 27,460 5,062
May 2024 -21,645 27,068 5,423
Jun 2024 -20,888 26,676 5,788
Jul 2024 -20,128 26,284 6,156
Aug 2024 -19,365 25,893 6,528
Sep 2024 -18,598 24,127 5,529
End Of Year 5 of Loan
Oct 2024 -17,827 23,735 5,908
Nov 2024 -17,053 23,343 6,290
Dec 2024 -16,276 22,951 6,676
Jan 2025 -15,495 22,559 7,065
Feb 2025 -14,710 22,168 7,457
Mar 2025 -13,922 21,776 7,853
Apr 2025 -13,131 21,384 8,253
May 2025 -12,336 20,992 8,656
Jun 2025 -11,538 20,600 9,062
Jul 2025 -10,736 20,208 9,472
Aug 2025 -9,931 19,817 9,885
Sep 2025 -9,123 18,051 8,928
End Of Year 6 of Loan
Oct 2025 -8,311 17,659 9,348
Nov 2025 -7,495 17,267 9,772
Dec 2025 -6,676 16,875 10,199
Jan 2026 -5,854 16,483 10,630
Feb 2026 -5,028 16,092 11,064
Mar 2026 -4,199 15,700 11,501
Apr 2026 -3,366 15,308 11,942
May 2026 -2,530 14,916 12,386
Jun 2026 -1,690 14,524 12,834
Jul 2026 -847 14,132 13,286
Aug 2026 0 13,741 13,741
Disclaimer: The Car Loan Calculator is used as a guide to help you to get a better sense of your financial commitments when buying a car. It does not warrant the accuracy, adequacy or completeness of the figures presented. Oneshift.com expressly disclaims liability for errors or omissions.

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